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TODAY’S OFFICE SOLUTIONS, INC. (TOS) STANDARD TERMS ARE NET 30 DAYS UNLESS OTHERWISE AGREED IN WRITING. TOS RESERVES THE RIGHT TO WITHHOLD SHIPMENT AND/ OR PRODUCTION OF CUSTOMER’S ORDERS DUE TO CUSTOMER’S FAILURE TO SATISFY CREDIT REQUIREMENTS OR PAST DUE INVOICES. PAST DUE AMOUNTS WILL BE CHARGED A 1.5% MONTHLY INTEREST RATE OR THE HIGHEST RATE ALLOWED BY LAW, WHICHEVER IS GREATER. IN THE EVENT TOS PLACES THE ACCOUNT FOR COLLECTION, THE CUSTOMER WILL BE LIABLE FOR ALL EXPENSES INCURRED IN THE COLLECTION EFFORT. INCLUDING ATTORNEY FEES AND COURT COST. THE APPLICANT UNDERSTANDS THAT TOS WILL MAKE THEIR USUAL CREDIT INVESTIGATION AND AUTHORIZES RELEASE OF INFORMATION BY TRADE AND BANK REFERENCES. APPLICANT’S SIGNATURE AND/OR PLACING AN ORDER ATTESTS FINANCIAL RESPONSIBILITY, ABILITY AND WILLINGNESS TO PAY INVOICES IN ACCORDANCE WITH AFOREMENTIONED TERMS.
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